Central Puerto ADR (CEPU) Wheel Strategy

Running a CEPU wheel strategy lets you generate consistent premium income on Central Puerto ADR while setting your own entry and exit prices on the underlying. Central Puerto ADR's wheel combines cash-secured puts and covered calls into a repeatable cycle: sell puts at strikes where you'd be happy to own CEPU, and if assigned, sell calls at strikes where you'd be happy to sell. Use our scanner to find the best CEPU wheel strategy setups in real time.

The wheel works best on liquid, high-quality names with stable fundamentals and active options markets — exactly the profile many large-cap leaders fit. The mechanics are simple: sell a cash-secured put on CEPU, collect premium, and either keep the premium if it expires worthless or take assignment at a discount to current price. Once assigned, sell covered calls against the shares to keep collecting premium until they're called away. Choosing the right strikes, expirations, and IV environment is what separates a profitable CEPU wheel from a losing one.

Central Puerto S.A. generates and sells electric power to private and public customers in Argentina. It also produces steam. As of December 31, 2021, the company owned and operated five thermal generation plants, one hydroelectric generation plant, and seven wind farms with a total installed capacity of 4,809 MW. Central Puerto S.A. was founded in 1898 and is based in Buenos Aires, Argentina.

The difference between a wheel that compounds and one that bleeds comes down to strike selection, IV timing, and discipline on assignment. Our scanner handles the heavy lifting: it ranks every leg of the CEPU wheel strategy by delta, premium yield, IV rank, and days to expiration, so you can deploy capital where the math works. Build your CEPU wheel strategy on data, not gut feel — and let the options wheel do what it does best: pay you to wait.